Lease Administrator
Company Overview
We are a growing specialty retail organization based in Columbus, Ohio, focused on delivering exceptional customer experiences while building strong, high-performing teams. As a small-to-mid-sized business, we operate with agility and a hands-on leadership approach, creating opportunities for meaningful impact and professional growth.
We are seeking an experienced Lease Administrator, to manage and elevate our lease administration function during an exciting phase of growth and operational expansion.
Position Overview
The Lease Administrator will serve as the lease administration lead for retail in North America, managing the store lease portfolio including lease abstraction, critical dates, rent and CAM payments, reconciliations, and landlord relationships. Reporting to the Manager, Operations, this is a hands-on role focused on accuracy and execution. The ideal candidate is comfortable interpreting lease language, building scalable processes, and rolling up their sleeves to manage day-to-day lease inquiries and deadlines.
Key Responsibilities:
- Abstract and maintain accurate lease data, including rent, term, options, CAM, co-tenancy, kick-out, radius, and exclusive clauses, in the lease administration system
- Track and manage critical dates including renewals, option notices, expirations, and rent escalations. Proactively notify leadership of upcoming deadlines
- Process monthly rent, CAM, real estate tax, insurance, and percentage rent charges in partnership with Accounts Payable to ensure timely and accurate payments
- Review and audit annual CAM, real estate tax, and insurance reconciliations. Identify discrepancies and dispute overcharges with landlords
- Prepare and submit monthly and annual sales reports to landlords as required by lease terms
- Maintain an organized repository of leases, amendments, estoppels, SNDAs, certificates of insurance, and landlord correspondence
- Serve as the primary point of contact for landlords and property managers regarding lease inquiries, notices, and issues
- Partner with Facilities to clarify landlord and tenant repair and maintenance responsibilities
- Support Finance with lease accounting under ASC 842, month-end accruals, occupancy cost reporting, and budgeting
- Support new store openings, relocations, renewals, and closures, including lease document review and date tracking
- Monitor compliance with lease requirements such as operating hours, signage, use clauses, and insurance
- Prepare portfolio reporting including occupancy costs, lease expirations, and occupancy cost as a percentage of sales
- Develop and improve lease administration processes, procedures, and controls
Qualifications
- Associate’s or Bachelor’s degree in Business, Finance, Accounting, Real Estate, or a related field is preferred
- 3+ years of lease administration experience, preferably in multi-unit retail
- Strong understanding of commercial retail lease terms, CAM, and percentage rent
- Experience with lease administration software such as Visual Lease, CoStar Real Estate Manager, LeaseQuery, MRI, or similar
- Advanced proficiency in Microsoft Excel and Microsoft Office Suite
- Working knowledge of ASC 842 lease accounting is a plus
- Strong analytical skills and numerical accuracy
- Demonstrated ability to operate independently in a lean environment
- Strong organizational skills and attention to detail
- Excellent written and verbal communication skills
- High level of integrity and discretion
Qualifications
- Associate’s or Bachelor’s degree in Business, Finance, Accounting, Real Estate, or a related field is preferred
- 3+ years of lease administration experience, preferably in multi-unit retail
- Strong understanding of commercial retail lease terms, CAM, and percentage rent
- Experience with lease administration software such as Visual Lease, CoStar Real Estate Manager, LeaseQuery, MRI, or similar
- Advanced proficiency in Microsoft Excel and Microsoft Office Suite
Compensation & Benefits
- Base salary: $60,000–$75,000, commensurate with experience
- Comprehensive benefits package including Medical, Dental, Vision, and 401(k)
- HSA options, Life Insurance, and Disability coverage
- Employee discount programs
- Opportunity to build and shape lease administration within a growing retail organization
Why Join Us?
This is an opportunity to take ownership of lease administration within a growing retail organization where your work will directly influence occupancy costs, store growth, and financial accuracy. You will partner closely with Operations, Finance, and Facilities and have the ability to build scalable processes that support sustainable growth.
Equal Employment Opportunity Statement
We are an Equal Opportunity Employer and are committed to creating an inclusive environment for all employees. We provide equal employment opportunities to all individuals without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, veteran status, or any other characteristic protected by applicable federal, state, or local law.
We are committed to fair and equitable hiring practices and encourage candidates from all backgrounds to apply
- Working knowledge of ASC 842 lease accounting is a plus
- Strong analytical skills and numerical accuracy
- Demonstrated ability to operate independently in a lean environment
- Strong organizational skills and attention to detail
- Excellent written and verbal communication skills
- High level of integrity and discretion